What is Ouroboros Praos?

Heavily researched, peer-reviewed, and security-vetted, Ouroboros Praos is the Proof-of-Stake (PoS) consensus mechanism securing the Cardano blockchain. Currently using staking pools run by node operators, they secure the network by writing blocks to the chain in exchange for newly minted ADA, Cardano's native cryptocurrency. Its unique design is considered highly scalable, innovative, and a secure way to do PoS consensus.